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45 Cards in this Set
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Government gave _______ months time till _______________________ for people to declare their undisclosed foreign income and assets to escape prosecution under the new black money law |
three, September 30. While tax and penalty on such funds can be paid till December 31 pay a tax of 30 per cent and a penalty of a similar amount Under the new black money law, which has been passed by Parliament and would come into force from April 1, 2016, the penalty would be much higher at 90 per cent, in addition to a 30 per cent tax on undisclosed foreign assets, while such persons would also face criminal prosecution with a jail term of up to ten years |
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103. The World Bank approved $______million towards loans for the Eastern Dedicated Freight Corridor (EDFC)
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$650 million. The Eastern Corridor is 1,840 km long and extends from Ludhiana to Kolkata |
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India’s total external debt rose by USD _____________, or ___ per cent, to USD __________during 2014-15 fiscal, |
29.5 billion, 6.6, 475.8 billion due to increase in external commercial borrowings and NRI deposits |
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Standard & Poor’s downgraded Greece’s credit rating deeper |
to ‘CCC-‘ from ‘CCC’ |
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The AIIB will have authorised capital of USD _____________, and Asian countries will contribute to up to __per cent of the total capital. |
100 billion and 75 per cent. China, India and Russia are the three largest shareholders, taking a 30.34 per cent, 8.52 per cent, 6.66 per cent stake |
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The government plans to double trade with Pacific Alliance member nations like
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Mexico, Peru, Chile and Colombia to $30 billion by 2019 |
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Niti Ayog comprising state chief ministers reached a broad consensus on bringing down the number of centrally sponsored schemes to . |
30 from 66 Mahatma Gandhi National Rural Employment Guarantee Scheme, Pradhan Mantri Gram Sadak Yojana and the National Food Security Mission would continue The panel chaired by Madhya Pradesh chief minister Shivraj Singh Chouhan. |
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The Shanghai Cooperation Organisation (SCO) is expected to elevate ________and ___________ as full-fledged members in next BRICS |
India and Pakistan. in Russia’s Ufa |
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The Centre has raised the national floor-level minimum wages (NFLMW) to |
Rs 160 per day from Rs 137
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Centre will give Rs __________ per house for slum development and an interest support of ___% |
1 lakh, 6.5 Under the schemes — Smart Cities, Atal Mission for Rejuvenation and Urban Transformation (Amrut) and Housing for All by 2022 in urban areas. 100 Smart Cities, 500 cities and two-crore affordable houses for the urban poor The ‘housing for all’ mission is to be implemented in 4,041 cities or towns. |
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Per capita annual income in the national capital rose by nearly __per cent to Rs _______ |
14 per cent, Rs 2.41 lakh |
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The Income tax department has notified a new, more simplified, set of ITR forms for taxpayers to file their returns for assessment year 2015-16 |
wherein it has done away with intrusive details such as the number of foreign trips and bank account balances that assessees were expected to furnish earlier. |
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The Employee Provident Fund Organisation (EPFO) has notified an order to make the _____________________________mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952 |
Universal Account Number (UAN) |
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Prime Minister Narendra Modi and Tanzania President_____________________ held delegation level talks in New Delhi |
Jakaya Kikwete, Capital: Dodoma |
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The second round of the United Nations negotiations on climate change have concluded in _______________ |
Bonn, Germany |
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Retail Inflation in May |
5.01 |
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__________ __________ committee report on the restructuring of Indian Railways lays down a five-year roadmap |
Bibek Debroy |
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Union Minister of State for Home Affairs ________ ______ as the nodal minister of MoRTH has approved a sum of Rs ____________ as immediate relief for Arunachal Pradesh |
Kiren Rijiju, Rs 10 crore |
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Sri Lanka has invited________________________ as chief guest at a power and energy conference to be held in Colombo on June 26 and 27. |
former Indian President A P J Abdul Kalam
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The Cabinet has approved the signing of the_________,_____________,____________& ________Motor Vehicle Agreement for the regulation of passenger, personal and cargo vehicular traffic amongst them. |
Bangladesh, Bhutan, India and Nepal (BBIN) |
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India’s current account deficit (CAD) narrowed to $__________ or ___% of gross domestic product (GDP) in January-March compared with $8.3 billion the previous quarter, as lower oil prices shrank the import bill by 13.4%. |
$1.3 billion or 0.2% |
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The government approved Rs _____ crore interest-free loan to sugar mills to help them partly clear cane price arrears to farmers that have touched about Rs ______ crore |
Rs 6,000 crore. Rs 21,000 crore |
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Reserve Bank proposed that Indian corporates eligible for raising external commercial borrowings (ECBs) could also raise funds |
overseas by issuing Rupee linked bonds, a move expected to open another window for cheaper resources |
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A two member mission of the World Bank Group is on a two day-visit to India to collect data and information for Doing Business Report, 2016. |
Nadine Abi-Chakra and Baria Nabil Daye
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India ranked _______________________ in World Bank’s Ease of Doing Business 2015 report |
142 among 189 nations |
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Union Urban Development Minister M. Venkaiah Naidu announced that _________and _______ districts of Haryana and ___________of Uttar Pradesh have been included in the National Capital Region (NCR) |
Jind and Karnal of Haryana
and Muzaffarnagarof UP |
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Union Railway Minister Suresh Prabhu has said that the government will invest Rs. ________________ over the next five years to develop the Indian Railways services |
Rs. 8.5 lakh crore |
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Bangladesh has offered to establish two Special Economic Zones in ________ and ___________ for Indian companies |
Mongla and Bheramara |
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Bangladesh handed over consent letter by Insurance Development and Regulatory Authority (IDRA) to______________________________to start operations in the country |
Life Insurance Corporation (LIC) |
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On PM Narendra Modi’s Bangladesh visit, India and the neighbouring country signed |
22 agreements and MoUs for co-operation in areas of trade, investment, education, climate change and Information and Communication Technology. Besides the landmark exchange of Instruments of Ratification of 1974 Land Boundary Agreement |
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External Affairs Minister Sushma Swaraj flagged off the first batch of pilgrims for Kailash-Manasarovar yatra that will travel through the pass |
Nathu La pass. Mount Kailash Hindus believe as the abode of Lord Shiva, and the Manasarovar Lake located in the south-western corner of Tibetan Autonomous Region (TAR) of China. |
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132. Anil Ambani-promoted Reliance Power and Adani Power signed separate memorandums of understanding with which state run company |
Bangladesh Power Development Board (BPDB). |
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133. Southwest Monsoon has set in over Kerala on ________,2015 as against the normal date of June 1. |
June 5 |
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______________ received its first driver-less train, equipped with several advanced features, from a ________ based manufacturer. |
Delhi Metro, Korea-based |
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India has lost a case at the WTO, with the World Trade Organisation ruling that Indian ban on import of ____________________________ from the US was “inconsistent” with the international norms. |
poultry meat, eggs and live pigs |
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RBI said banks can start using the ________________________scheme, which will allow them to acquire a 51% stake or more in stressed companies. |
Strategic Debt Restructuring (SDR) |
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The Securities and Exchange Board of India (Sebi) had given its nod to the SDR scheme earlier this year, allowing banks to convert ____________ into __________at a price that was fair but not below the face value. |
debt into equity |
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The Centre has signed a deal with the World Bank for a ______________ loan for an urban development project in Tamil Nadu |
$400 million |
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138. The Pension Fund Regulatory and Development Authority (PFRDA) tweaked investment guidelines for government sector subscribers of the National Pension System (NPS). Investments cap in government securities was reduced to __% from __%, while the limit was raised in corporate debt instruments to __% from __%. |
50% from 55% 45% from 40%. |
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United States Secretary of Defence______________ and Defence Minister Manohar Parrikar signed the 2015 framework agreement on India-US defence relationship for the next __ years. |
Ashton Carter 10 years |
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The effective incidence of service tax on food bill in air conditioned restaurants will go up to ___ per cent as against ___ per cent previously. The increased incidence follows government raising service tax rate from 12.36 per cent to 14 per cent with effect from June 1. Air conditioned hotels and restaurants attract a service tax on 40 per cent of the billed amount. |
5.6 per cent as against 4.94 per |
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The Reserve Bank lowered the economic growth forecast for the current fiscal to___ per cent from ____ per cent projected in April. |
7.6 per cent from 7.8 per cent |
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Beating its own financial target, the government has contained the fiscal deficit at _____per cent of GDP in 2014-15 |
3.99 per cent of GDP in 2014-15 |
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Four Indians are among the world’s 100 most powerful women who are “transforming the world”, according to the Forbes’ 12th annual list |
SBI Chief Arundhati Bhattacharya (30), ICICI bank head Chanda Kochhar (35), Biocon founder Kiran Mazumdar-Shaw (85) and HT Media Chair Shobhana Bhartia (93), and two women of Indian-origin — PepsiCo Chief Indra Nooyi (15) and Cisco Chief Technology and Strategy Officer Padmasree Warrior (84) — make the list |
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______________________Pro Vice-Chancellor of Manipal University, Manipal, has been appointed its sixth Vice-Chancellor for a term of five years beginning June 1, 2015. |
H. Vinod Bhat |
